ASEAN News

The prices of eggs, long known as the most affordable source of protein, remain high after the government intervened at eight traditional markets in Jakarta on Monday. At Tebet Barat Market in South Jakarta, the price of eggs only dropped temporarily from Rp 28,000 (US$1.93) per kilogram to Rp 23,000 per kg during the market […]

FamilyMart on Tuesday announced the expansion of express delivery service at all of its branches in Bangkok and its outskirts, with 24/7 operations in partnership with Kerry Express. Chiranun Poopat, president of Central FamilyMart, said: “Today, the e-commerce market has grown continuously for more than 20 per cent annually, and individual consumers have also had […]

MANILA, Philippines — The inter-agency Mining Industry Coordinating Council (MICC) has decided to defer its recommendation involving a moratorium imposed on new mineral agreements pending the passage of a bill which seeks to overhaul the mining industry’s fiscal regime, according to the Department of Finance (DOF). During a meeting last week, Finance Secretary Carlos Dominguez and Environment Secretary Roy Cimatu, co-chairpersons […]

The launch of the 2nd phase of the Phnom Penh Autonomous Port’s (PPAP) container terminal will boost the Kingdom’s waterway shipping through more trade capacity and reduced costs, according to industry insiders. The claims came after the PPAP, listed on the Cambodia Securities Exchange (CSX), officially launched the second step of its container terminal, announcing […]

THE VIENTIANE TIMES/ANN: Laos has achieved its target for exporting rice to China this month after the IDP Rice Mill of Laos signed a trading agreement with China National Cereals, Oils and Foodstuffs Corporation (Cofco) in November. Last year, the Chinese government agreed to purchase 20,000 tonnes of rice from Laos through Xuanye (Lao) Co […]

The TCC Confidence Index rose in November to 48.3 from the previous month’s 48.0, thanks to the government budget and rise in the number of foreign tourists during the high season. Thanavath Phonvichai, director of the Centre for Economic and Business Forecasting at University of the Thai Chamber of Commerce, said the improvement was mainly […]